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Gold Road Resources Ltd.
Summary
| Project: | Yamarna | |
|---|---|---|
| Deposit: | Smokebush | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 12/19/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 19-12-2018: Gold Road Resources Ltd. announces an Exploration/Drilling Update report for its Smokebush deposit at the Yamarna project. Drilling results incl. 22m @ 1.40g/t Au from 82.17m. Well‐funded mid‐tier gold development and exploration company | |
| Resources: | (Resource, Total): 143.46Mt @ 1.27g/t Au for 5.88Moz Au contained at Gruyere | |
| CP/QP: | [Overall Report]: Justin Osborne (Internal) | |
| ABSTRACT: | Well‐funded mid‐tier gold development and exploration company Gold Road Resources Limited (Gold Road) reports receipt of positive assay results (Figure 1 and Table 1) from diamond, reverse circulation (RC) and regional aircore drilling from the 2018 exploration programmes on Gold Road’s 100% owned Yamarna Project and the 50% owned Gruyere Joint Venture (Gruyere JV). Gold Road Executive Director ‐ Exploration & Growth Justin Osborne commented: “At the close of 2018, we look back with satisfaction on a successful year of exploration. As planned, we drill tested our 10 highest ranked bedrock targets across Yamarna which led to the discovery of the exciting Gilmour deposit which quickly advanced to the resource assessment stage. With visible gold consistently intersected at Gilmour, this project is proving to be predictable and a relatively simple deposit, showing upside both along strike and at depth. As we move into 2019, the exploration team is fully occupied with data review and target assessment. We will shortly commence refining our 2019 exploration program, to deliver our primary strategic goal of discovering and developing gold mines on our 100% owned Yamarna Project.” | |
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